Loss reserving and financial engineering (CM2) provides a grounding in the principles of actuarial modelling, focusing on stochastic asset-liability models and the valuation of financial derivatives. It equips the student with a knowledge of the theories of behaviour of financial markets, measures of risk, determining reserves for a non-life insurer and price options. The subject includes theory and application of the ideas to real data sets using Excel.

CM2 comprises of CT8 (as per previous curriculum.)

1 hour and 50 minute
Computer-based exam, software MS- Excel

1. Meant for students aspiring to do exceedingly well in paper CM2 Paper B
2. Subjects covered Financial Engineering,Loss Reserving,Derivatives,Adnavced Statistics and MS Excel.
3. Curriculum designed by All India Toppers and professionals having experience of working in Life Insurance Sector covering all topics under IFOA/IAI Syllabus
4. Focus on understanding the basics by connecting theory with real-life applications followed by problem solving of different patterns using innovative tools and techniques.